.

  • Latest News

    BAILOUT NOT ENOUGH TO PAY SALARIES – GOV. AJIMOBI

    Oyo State Governor Abiola Ajimobi on Saturday said the Federal Government bailout of N26.6bn to the state would not be enough to pay all the outstanding salaries owed the state workers.

    Ajimobi, who spoke during a programme on Splash FM, Ibadan and monitored, said the state government must look for more money from other sources to ensure all outstanding salaries of workers were paid this month. He added that the FG bailout would be accessed this week.

    “This week, we should be able to access the Federal Government bailout of N26.6bn. Local Government workers will get N9.3bn from the sum while the state government workers will get the remaining N17.3bn. As of today, we owe the state workers N21.3bn but all we could get from the bailout is N17.3bn. So if we get the money today, we will still have to look for more money to balance the account so that all the debt can be paid,” the governor said.

    Oyo State gets about N3bn monthly allocation from the federation account and gets about N1.2bn as Internally Generated Revenue.

    • Blogger Comments
    • Facebook Comments

    0 comments:

    Post a Comment

    Item Reviewed: BAILOUT NOT ENOUGH TO PAY SALARIES – GOV. AJIMOBI Rating: 5 Reviewed By: Blessing
    Do You Have Articles, Advert Or Music You Want To Promote... Contact Us:- Whatsapp/Call: +2348143045485, BBM: 590B1DC3, Email: 234todayblog@gmail.com
    Scroll to Top